Let us take a look at some of the different SBI
savings account products and their primary features –
SBI Insta Basic Savings Account – This SBI bank account opening is completely online and paperless. You get a free RuPay Debit Card and a transaction limit of Rs.50000 with this account. The aggregate balance limit is up to Rs.100000.
SBI Digital Savings Account – This SBI bank account opening can be done online through its App, but you still have to visit the bank once to complete the process and open your account. You get a free personalised Platinum Debit Card with this account along with a withdrawal limit of Rs.100000.
SBI General Savings Account – This account offers safe deposit lockers, nomination facility as well as SMS alerts and e-statement facility.
SBI Savings Plus Account – This account offers nomination facility, internet banking, mobile banking and has a minimum threshold limit of Rs.35000.
SBI Special Salary Account – This account offers an auto-sweep facility that means the extra deposit in your savings accounts automatically gets transferred to a fixed deposit account to earn higher interest rates. The minimum balance requirement for this account is nil, and you also get free NEFT/RTGS facilities with it.
SBI Basic Savings Bank Deposit Account – The minimum balance requirement for this account is nil, and you get a RuPay ATM-cum-Debit Card with it.
SBI Small Savings Account – While the minimum balance requirement for this account is nil, the maximum account balance limit is Rs.50000. You get a free ATM-cum-Debit card with this account.